Bettors Predict Jerome Powell May Remain as Fed Governor Until June
Prediction market bettors estimate a 30% chance that Federal Reserve Chair Jerome Powell will resign as a Fed governor by June, though odds rise to 87% for his departure between May 15 and May 22. Powell is expected to address reporters after the Fed meeting, where he may discuss his future as a governor, pending Senate approval of Trump's nominee, Kevin Warsh.
Topics: Federal Reserve Jerome Powell political tensions prediction markets resignation Senate approval